AAVEUSDT is creating a rising wedge

5. Aug. 2022

The price bounced exactly on our Daily support after Head and shoulders formation from my previous idea.
Now the price is testing the daily area around 103$ and the market is creating a rising wedge.
right now the price is trying to create a new higher high.

How to approach it?
IF the price is going to lose the dynamic and static support, and retest it as new resistance, According to Plancton's strategy, we can set a nice order
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Keep in mind.

• 🟣 Purple structure -> Monthly structure.
  
• 🔴 Red structure -> Weekly structure.
  
• 🔵 Blue structure -> Daily structure.
  
• 🟡 Yellow structure -> 4h structure.
  

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Follow the Shrimp 🦐

5. Aug. 2022

Anmerkung

The price needs to create a new Higher high to avoid the bearish local scenario.
let's see

6. Aug. 2022

Anmerkung

If the price is going to lose support, we could see a bearish impulse according to Plancton's rules

8. Aug. 2022

Anmerkung

The price is creating a rising wedge.
Let's see if the price is going to create a clear higher high!

10. Aug. 2022

Anmerkung

the price is testing the support, don't miss it!